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Electric Construction Business Investment Opportunity in Nayagarh, India

Electrical construction firm with 7 - 8 major government clients, undertaken 300+ projects till date.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 1.1 million
EBITDA Margin 0 - 10 %
Industries Electric Construction
Locations  Nayagarh
Local Time 11:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 170 thousand for 15.0% stake (Native Currency: INR 14,000,000)
Reason: To expand the size of the business by increasing our purchasing capacity. We want to undertake large... View More
Includes physical assets worth USD 270 thousand
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Business Overview

- We are involved in electrical construction work.

- Primarily undertake government public contracts with over 75% business revenue coming from this aspect.

- We have 7 - 8 major clients in the government sector and 15 - 25 smaller clients in the private sector.

- Contracts are awarded through tenders. Projects are announced and we make bids. Our projects usually start from INR 10 lakh.

- Business is registered with NSIC (National Small Industries Corporation), WESCO (Western Electricity Supply Company of Odisha), CESU (Central Electricity Supply Utility of Odisha), OIAC (Orissa Agro Industries Corporation Limited). We have undertaken multiple agricultural government projects in Odisha till date.

- We have undertaken 300+ projects till date. We usually hire over 40 sub contract workers while undertaking a project.

Products & Services Overview

Electrical construction work which includes bore well electrification and domestic & commercial house connections. Have undertaken multiple agricultural projects.

Assets Overview

Besides the interiors of the office, we have inventory worth INR 20 lakh and have accounts receivable worth INR 2 crore.

Facilities Overview

Ownership of a 4,000 square feet property that operates as an office space cum owner's residence. Besides that we have 2 other offices with an area of 4,000 square feet and 5,000 square feet each. We pay a monthly rent of INR 12,000 on both the properties.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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